
xiakezhang|Mar 30, 2025 10:10
Some facts:
All cryptocurrencies have a long-term exchange rate decline relative to Bitcoin, only rising in the short term during narrative bursts
Every cycle has a public chain with a higher multiple of returns than Ethereum
The alpha growth of public chains mainly comes from the demand growth of narrative explosion within the ecosystem
The staking income of public chains is relatively the safest and most stable
Having sufficient, stable, and continuously diversified cash flow leads to greater happiness
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